NOT LISTED FOR SALE

Estimated Value: $759,578

6 Beds
5 Baths
5,040 Sq Ft
$151/Sq Ft Est. Value

Sale Details

Date Sold: February 15, 2022

Last sale price $655,000 $130 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,748 / mo

61 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • 3-minute walk to Taylor Park
  • Porch
  • Heating System Uses Natural Gas

About This Home

As of February 2022

Great opportunity to own a classic Main Street building in downtown Saint Albans City. Shooters Saloon is an established bar located on the ground floor with 5 apartments on the above two floors offering endless possibilities. The first floor offers a casual bar area with space for recreation/pool table and 2 bathrooms. Outside patio located adjacent to the bar for outdoor seating. Ample parking available in front of the building as well as a side parking lot. Excellent income potential for both commercial and residential with the five apartments. The 2nd floor houses Apt #5- 1 bedroom-1 bathroom, Apt. #4 2 bedroom 1 bathroom. The 3rd floor houses Apt #1 1 bedroom 1 bath, Apt. #2 1 bedroom 1 bath, Apt. #3 1 bedroom 1 bath. All apartments are currently rented. All electricity and gas are separately metered. Situated in the heart of St Albans close to other restaurants, shops, Northwestern Medical Center and I89 you are in a prime location to develop this retail space. This classic brick building with large storefront windows could be revitalized with the existing bar or bring your own vision with a new retail experience. Visit www.LivingVermont.com to see this and along with our other listings. Reach out to Jay McCormack at 802-598-2953 or Jay@LivingVermont.com with any questions.

Last Agent to Sell the Property

Rich Gardner

RE/MAX North Professionals License #082.0007959 Listed on: 10/05/2021

RE/MAX North Professionals

Last Buyer's Agent

Rich Gardner

RE/MAX North Professionals License #082.0007959 Listed on: 10/05/2021

RE/MAX North Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,259

Year Built

  • Built in 1910

Lot Details

  • 2,178 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Membrane Roofing

Interior Spaces

  • 5 Full Bathrooms
  • 5,040 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Parking

  • Prepaid Parking
  • On-Street Parking
  • Off-Site Parking

Outdoor Features

  • Porch

Schools

  • St Albans City Elementary School
  • St. Albans City Middle School
  • Bfast Albans High School

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • 5 Units

Building Details

  • 6 Separate Gas Meters
  • Operating Expense $16,005
  • Gross Income $61,920
  • Net Operating Income $45,915

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,259

Year Built

Built in 1910

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family, Multi-Level
  • Directions: From I-89 take Exit 19 toward US-7; continue onto St Albans State Highway; turn right onto South Main Street (US-7); turn left onto Kingman Street across from Taylor Park; property is on the left.
  • Footprint: 24' x 70'
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 129.96
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5040
  • Sq Ft - Apx Total Finished: 5040
  • Year Built: 1910
  • List Agent: 286425
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Total Rooms Above Ground: 21
  • Sq Ft - Apx Finished AG: 5040

Exterior Features

  • Exterior: Brick
  • Foundation: Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Membrane
  • Easements: Yes
  • Features Exterior: Porch

Garage/Parking

  • Parking: Off Premises, On Street, Paid

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Gas - Natural, Tank
  • Heating Fuel: Electric, Gas - Natural
  • Heating: Hot Air, Monitor Type
  • Separate Utilities: Yes
  • Total Electric Meters: 6
  • Total Gas Meters: 6
  • Total Heat Units: 6
  • Total Ranges: 5
  • Total Refrigerators: 5
  • Total Water Heaters: 6
  • Utilities: Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: St Albans City School
  • High School: BFASt Albans

Lot Info

  • Lot Sq Ft: 2178
  • Lot Acres: 0.05
  • Lot Description: City Lot, Curbing, Level, Sidewalks
  • Surveyed: Unknown
  • Zoning: Business 1
  • Deed Book: 176
  • Deed Page: 525
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 61920
  • Net Income: 45915
  • Total Full Baths: 5
  • Total Units: 5
  • Total1 Bedroom Units: 4
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Year Notes: 2021/2022
  • Tax Gross Amount: 6259.48
  • Tax Year: 2021

MLS Schools

  • School District: Maple Run USD
  • School Middle Jr: St. Albans City School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Feb 15, 2022
Sold by
Seller's Agent
Rich Gardner
RE/MAX North Professionals
Buyer's Agent
Rich Gardner
RE/MAX North Professionals
List Price
$699,900
Sold Price
$655,000
Premium/Discount to List
-$44,900
-6.42%
Current Estimated Value
$759,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,578
Avg. Annual Appreciation
3.42%

Purchase Details

Closed on
Jan 2, 2020
Sold by

Purchase Details

Closed on
Nov 20, 2013
Sold by
Bought by

Purchase Details

Closed on
Mar 5, 2004
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$630,000 --
-- --
-- --
$210,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/15/2022 02/15/22 Sold $655,000 -6.4% $130 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $699,900 -- $139 / Sq Ft
Source: PrimeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,302 $650,700 $100,400 $550,300
2024 $7,302 $222,900 $52,500 $170,400
2023 $6,761 $222,900 $52,500 $170,400
2022 $6,187 $222,900 $52,500 $170,400
2021 $6,259 $222,900 $52,500 $170,400
2020 $6,275 $222,900 $52,500 $170,400
2019 $6,093 $222,900 $52,500 $170,400
2018 $4,247 $222,900 $52,500 $170,400
2017 $5,664 $222,900 $52,500 $170,400
2016 $5,495 $222,900 $52,500 $170,400
2015 -- $2,184 $0 $0
2014 -- $2,184 $0 $0
2013 -- $2,184 $0 $0
Source: Public Records

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Map

Source: PrimeMLS

MLS Number: 4885706

PrimeMLS

APN: 549-173-10843

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